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Posted Date: 22 Mar 2009      Posted By: Nitin      Member Level: Platinum       Category: Arithmetic Reasoning

A man buys Rs.20 shares paying 9% dividend. The man wants to have an interest of 12% on his money. The market value of each share is:



Select Answer:

15
10
12
19




      
Your Test Score: 0 / 0



Next Question: A man invested Rs.4464 in Rs.10 shares quoted at Rs.8 If the rate of dividend is 12%, his annual income is:
Previous Question: A man bought 20 shares of Rs.50 at 5 discount, the rate of dividend being 13%. The rate of interest obtained is:
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